Can I retire at age 45 with 474,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $474,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$39,142$38,794$38,454$38,122$37,797$37,543
2 years$19,377$19,017$18,667$18,328$17,999$17,743
3 years$12,790$12,428$12,079$11,743$11,419$11,169
4 years$9,497$9,136$8,790$8,460$8,144$7,902
5 years$7,522$7,162$6,822$6,498$6,191$5,957
6 years$6,205$5,849$5,513$5,197$4,899$4,673
7 years$5,265$4,912$4,581$4,272$3,984$3,767
8 years$4,560$4,210$3,885$3,584$3,305$3,097
9 years$4,013$3,666$3,346$3,053$2,783$2,584
10 years$3,575$3,231$2,917$2,632$2,372$2,181
11 years$3,217$2,877$2,568$2,290$2,040$1,858
12 years$2,918$2,582$2,279$2,009$1,768$1,594
13 years$2,666$2,333$2,037$1,773$1,541$1,376
14 years$2,450$2,121$1,830$1,574$1,351$1,194
15 years$2,263$1,937$1,652$1,404$1,190$1,040
16 years$2,100$1,778$1,498$1,257$1,051$909
17 years$1,956$1,637$1,363$1,130$932$797
18 years$1,828$1,513$1,244$1,018$829$701
19 years$1,714$1,402$1,139$920$739$618
20 years$1,611$1,303$1,045$833$660$546
21 years$1,518$1,213$962$756$591$483
22 years$1,434$1,133$886$687$529$428
23 years$1,357$1,059$818$626$475$379
24 years$1,287$993$757$571$427$337
25 years$1,222$932$701$521$384$299
26 years$1,163$875$650$477$346$266
27 years$1,107$824$604$436$312$237
28 years$1,056$776$561$400$282$211
29 years$1,009$732$522$367$254$188
30 years$965$692$486$337$230$168
31 years$924$654$453$309$208$150
32 years$885$619$423$284$188$134
33 years$849$586$395$261$170$120
34 years$815$555$369$240$154$107
35 years$783$527$345$221$139$96
36 years$753$500$323$204$126$85
37 years$724$475$302$188$115$76
38 years$698$451$283$173$104$68
39 years$672$429$265$160$94$61
40 years$648$408$248$147$85$55
41 years$625$389$233$136$77$49
42 years$603$370$219$125$70$44
43 years$583$353$205$116$64$39
44 years$563$336$193$107$58$35
45 years$544$321$181$99$53$31
46 years$527$306$170$91$48$28
47 years$510$292$159$84$43$25
48 years$493$279$150$78$39$23
49 years$478$266$141$72$36$20
50 years$463$254$132$66$32$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $474,000, adding $2,969 every year, while hoping to spend $37,891 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 49/32/19 Blend
44$474,000$474,000$474,000$474,000
45$525,411$500,289$492,942$548,224
46$538,687$484,487$469,139$548,539
47$552,047$466,641$443,270$544,774
48$565,460$446,611$415,224$539,881
49$578,890$424,248$384,887$533,766
50$592,297$399,396$352,140$526,333
51$605,632$371,888$316,858$517,475
52$618,846$341,549$278,912$507,082
53$631,877$308,194$238,165$495,030
54$644,660$271,627$194,474$481,192
55$657,119$231,640$147,693$465,428
56$669,170$188,015$97,665$447,589
57$680,718$140,521$44,230$427,514
58$691,658$88,913$0$405,031
59$701,871$32,934$0$382,550
60$711,226$0$0$367,015
61$719,574$0$0$359,024
62$726,752$0$0$361,969
63$732,576$0$0$364,155
64$736,842$0$0$365,468
65$739,324$0$0$365,788
66$739,770$0$0$364,975
67$737,900$0$0$362,879
68$733,403$0$0$359,331
69$725,936$0$0$354,143
70$715,115$0$0$347,107
71$700,517$0$0$337,995
72$681,672$0$0$326,551
73$658,061$0$0$312,493
74$629,108$0$0$295,509
75$594,175$0$0$275,254
76$552,557$0$0$251,345
77$503,474$0$0$223,360
78$446,063$0$0$190,831
79$379,370$0$0$153,242
80$302,340$0$0$110,022
81$213,808$0$0$60,539
82$112,486$0$0$4,098
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0